BoE Holds Rates at Record Low


The Bank of England left the Bank Rate steady at 0.5 percent at its February 5th meeting, as widely expected. The size of the Asset Purchase Programme was left unchanged at £375 billion.

The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.5% on 5 March 2009.  

A programme of asset purchases financed by the issuance of central bank reserves was initiated on 5 March 2009.  The previous change in the size of that programme was an increase of £50 billion to a total of £375 billion on 5 July 2012.

BoE Holds Rates at Record Low


BoE | Joana Taborda | joana.taborda@tradingeconomics.com
2/5/2015 12:07:42 PM